BP Files Petrojarl Foinaven FPSO Removal Plan
British oil major BP has filed a decommissioning plan for the removal of the Petrojarl Foinaven FPSO and the recovery of associated mooring systems, the risers and dynamic umbilicals from the Foinaven Field, located 160 kilometers (100 miles) west of Shetland in water depths of up to 600 meters.The FPSO and related equipment will be transferred onshore for re-use, recycling or disposal as appropriate. BP last year said that the Petrojarl Foinaven FPSO had to be taken off-station as it had reached end of its 25-year service life, operating in a harsh environment, and now the company has filed the removal plans with the UK authorities.The FPSO is owned by Petrojarl 4 DA (part of the Teekay Corporation group) and is currently chartered by BP under a bareboat charter party.
UK Union Plans July Strike at Oil and Gas Terminal
UK's Unite union's Scotland unit on Tuesday said talks to prevent industrial action at Sullom Voe Terminal have ended with no movement on the part of Shetland Islands Council (SIC) to resolve the dispute over a long service award.Unless the Council accepts liability, around 40 towage workers employed by SIC are set to begin an overtime ban on July 5, which will continue over a seven-week period, the union said.The ban would hugely disrupt the multi-million-pound contract to bring oil tankers on to the shore for oil processing and also on production for the Brent and Ninian fields, it added.
Enquest Acquires Remaining Stake in Magnus
United Kingdom-based petroleum exploration and production company Enquest said it had completed the acquisition of the remaining 75% stake in Magnus, an additional 9.0% stake in the Sullom Voe Oil terminal and supply facility and additional interests in associated infrastructure from BP.The Magnus transaction, as previously announced, is expected to add approximately 60 MMboe of 2P reserves (equating to approximately 30 percent of the Group’s reserve base) as at 1 January 2018 and approximately 10 MMboe of 2C resources (equating to approximately 6 per cent of the Group’s resource base) as at 1 January 2018.The oil and gas production…
BP: First Oil Production at Clair Ridge
Energy giant BP has taken its first oil from the Clair Ridge mega-project in the U.K. North Sea in a “major milestone” that is the culmination of many years of work.Clair Ridge, the second phase of the development of the Clair Field, 75 kilometers west of Shetland, is one of the biggest developments in the history of the basin, requiring huge investments in new platforms and pipelines in harsh waters west of Shetland.Clair Ridge is BP’s sixth major project start-up in 2018 following seven last year, which are expected to increase the company’s production by 900K boe/day by 2021. It has an estimated seven billion barrels of hydrocarbons.According to a press release from the British multinational oil and gas company…
TENC-CA UK North Sea Sale & Transfer
Shell U.K. Limited (Shell),Esso Exploration and Production UK Limited, (ExxonMobil), Mobil North Sea LLC (ExxonMobil) and Enterprise Oil U.K. Limited (Shell) completed the final sale and transfer of a number of northern North Sea assets to TAQA Bratani Limited, a wholly owned subsidiary of Abu Dhabi National Energy Company PJSC (TAQA) on Dec. 1, 2008. The assets include equity and operatorship of Tern, Kestrel, Eider, Pelican, Cormorant North and South Cormorant fields (TENC-CA) and related infrastructure, a non-operated interest in Hudson, and equity interests in the Sullom Voe Terminal and Brent System. TAQA Bratani will assume responsibility for the decommissioning liabilities relating to these fields and infrastructure.
New Paintjob for Sullom Voe Tugs
The five bright red tugs operating at the Sullom Voe Terminal are soon to display the blue and white corporate colors of their new owner. Shetland Towage, a company wholly owned by the Shetland Charitable Trust, was incorporated into the Shetland Islands Council's ports and harbor operation on February 10, in a bid to streamline operations at the harbor and to cut costs. The first of the tugs is expected to be back in the isles from dry-docking in late June, when it will be sporting a blue hull and white superstructure, similar to the look of the council's fleet of inter island ferries. (Source: Shetland Marine News)
